Chesley Taft & Associates LLC Decreased Its Facebook INC (FB) Stake

Facebook, Inc. (NASDAQ:FB) Corporate LogoDuring 2018 Q4 the big money sentiment decreased to 0.71. That’s change of 0.42, from 2018Q3’s 1.13. 143 investors sold all, 740 reduced holdings as FB ratio dropped. 465 rose stakes while 166 funds acquired stakes. Funds hold 1.73 billion shares thus 7.30% more from 2018Q3’s 1.61 billion shares. Courage Cap Mgmt Ltd stated it has 24,800 shs. Smithfield Tru reported 0.07% stake. Moreover, New Mexico Educational Retirement Board has 1.28% invested in Facebook, Inc. (NASDAQ:FB) for 205,300 shs. Winfield Assoc accumulated 8,895 shs. Moreover, Paloma Mngmt has 0.04% invested in Facebook, Inc. (NASDAQ:FB) for 10,382 shs. Coldstream Cap accumulated 6,893 shs. Ardevora Asset Limited Liability Partnership holds 0.81% in Facebook, Inc. (NASDAQ:FB) or 206,800 shs. Highfields Mngmt Lp invested 4.36% of its capital in Facebook, Inc. (NASDAQ:FB). 569,484 are held by Macquarie Group Ltd. Pathstone Family Office owns 1,798 shs. Boston Private Wealth Limited Liability holds 0.7% of its capital in Facebook, Inc. (NASDAQ:FB) for 124,613 shs. Wesbanco Fincl Bank holds 86,506 shs or 0.67% of its capital. Amundi Pioneer Asset Inc holds 4.41 million shs. Fulton Breakefield Broenniman Limited Liability Corp, Maryland-based fund reported 44,335 shs. Wagner Bowman Mngmt has invested 0.21% in Facebook, Inc. (NASDAQ:FB).

FB had 32 selling transactions and 0 insider purchases since October 1, 2018. This’s net activity of $82.88 million. $8.41 million worth of Facebook, Inc. (NASDAQ:FB) was sold by Sandberg Sheryl. 5,300 Facebook, Inc. (NASDAQ:FB) shs with value of $795,000 were sold by Cox Christopher K. On Thursday, November 1 FISCHER DAVID B. also sold $236,371 worth of Facebook, Inc. (NASDAQ:FB). 2,112 shs were sold by Taylor Susan J.S., worth $294,835. Wehner David M. had sold 4,761 shs worth $788,374 on Thursday, January 31. Shares for $5.45M were sold by Schroepfer Michael Todd on Tuesday, November 13.

Based on the latest 2018Q4 regulatory filing with the SEC, Chesley Taft & Associates Llc decreased its holdings in Facebook Inc. (FB) by 41.58%. 36,239 shares were sold by Chesley Taft & Associates Llc as the company’s stock rose 22.38% with the market. The technology company announced $6.67M value for the 2018Q4. Now the institutional investor is holding 50,915 shares, compared to the 87,154 from the previous quarter. Chesley Taft & Associates Llc has risen its stake in Cvs Health Corporation (NYSE:CVS) and also increased its holding in Ishares S&P 500 Index Fund (IVV) by 13,902 shares in the quarter, for a total of 22,203 shares.

On April, 24 WallStreet awaited Facebook, Inc. (NASDAQ:FB)’s earnings report, RTT reports. Analysts predict $1.63 earnings per share, which is $0.06 down or 3.55 % from 2018’s $1.69 earnings per share. FB’s profit could reach $4.65 billion if the current earnings per share of $1.63 is accurate. After $2.38 earnings per share was published previous quarter, analysts now see negative EPS growth of -31.51 % for Facebook, Inc..

For more Facebook, Inc. (NASDAQ:FB) news published briefly go to: Nasdaq.com, Nasdaq.com, Fool.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “3 Blue-Chip Stocks to Buy Right Now: WMT, FB & NKE – Nasdaq” published on March 06, 2019, “Facebook (FB) Gains As Market Dips: What You Should Know – Nasdaq” on March 08, 2019, “Lyft’s IPO: Why Institutional Investors Can’t Get Enough – The Motley Fool” with a publish date: March 27, 2019, “Is Facebook (FB) Stock Outpacing Its Computer and Technology Peers This Year? – Nasdaq” and the last “Facebook: Here We Go Again – Seeking Alpha” with publication date: March 20, 2019.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

In total 19 analysts cover Facebook (NASDAQ:FB). “Buy” rating has 16, “Sell” are 0, while 3 are “Hold”. 84% are bullish. With $215 highest and $150 lowest PT Facebook has $193.95 average PT or 17.15% above the current ($165.55) price. 42 are the (NASDAQ:FB)’s analyst reports since October 3, 2018 according to StockzIntelligence Inc. On Wednesday, October 31 the firm has “Overweight” rating given by KeyBanc Capital Markets. On Monday, March 18 the stock has “Buy” rating by Mizuho. On Wednesday, October 31 the company was maintained by Citigroup. On Wednesday, October 31 Canaccord Genuity maintained the shares of FB in report with “Buy” rating. On Thursday, January 31 the firm has “Buy” rating by Deutsche Bank given. On Thursday, December 20 the rating was maintained by Tigress Financial with “Buy”. In Thursday, January 31 report Nomura maintained the stock with “Neutral” rating. On Thursday, December 6 the rating was downgraded by Stifel Nicolaus to “Hold”. On Wednesday, October 31 the rating was maintained by Morgan Stanley with “Overweight”. On Monday, March 11 Nomura upgraded Facebook, Inc. (NASDAQ:FB) rating. Nomura has “Buy” rating and $215 target.

Facebook, Inc. (NASDAQ:FB) Institutional Investors Chart

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